Sentences with phrase «european financial system»

The main story continues to be the growing stress to the European financial system.

Not exact matches

«If they can not address [the financial crisis] in a credible way I believe within perhaps 2 to 3 weeks we will have a meltdown in sovereign debt which will produce a meltdown across the European banking system.

In January most large public companies adopted International Financial Reporting Standards (IFRS), a system already used in more than 100 countries (notably across the European Union and wide swaths of the Pacific Rim).

The Spanish government intends to borrow up to EUR100 billion from the European Financial Stability Facility (EFSF) or from its successor, the European Stability Mechanism (ESM), to recapitalise its banking system.

But how it happens still depends on Britain's own parliamentary system, how it manages relations with a resentful set of Europeans across the negotiating table — and how badly financial markets punish it for its gamble.

* Morning Call: U.S. futures looking up, London rises early, European shares bolstered by earnings news, the Nikkei falls on financial system fears and Hong Kong shares climb 2.8 percent.

In an interview with IMF advisor Robert Shapiro, the bailout expert has pretty much said what, once again, is on everyone's mind: «If they can not address [the financial crisis] in a credible way I believe within perhaps 2 to 3 weeks we will have a meltdown in sovereign debt which will produce a meltdown across the European banking system.

During the crisis, the global community came together to address weaknesses in the international monetary system: creating the Financial Stability Board and European Stability Mechanism, strengthening central bank swap lines, and carving out a more prominent role for the G - 20.

These include the potential adverse effects on European economic activity, on the perceived health of the global banking system, and on broader financial market conditions.

The European Parliament recently published a report detailing directives to prevent the use of the financial system for the purposes of money laundering or terrorist financing.

European Commission «High - Level Expert Group on Sustainable Finance» (HLEG) published its first report setting out concrete steps to create a financial system that supports sustainable investments, which is a helpful possible template for Canada.

She called on the European Central Bank to back - stop the financial system with «creative and inventive» measures to fight the crisis.

The major problem for the European markets is that UNLIKE the U.S. financial system, European banks are a much more important actor as they provide far more corporate loans on a percentage basis of GDP than U.S. banks.

This is a critical time for the British, European and global economies; a decisive period for reform of the global financial system including its leading financial centre, the City of London; and a crucial point in the Bank of England's history as it accepts vital new responsibilities.»

The implementation of the Brexit separation of Britain's financial system from that of the European Union remains more loaded with questions than answers.

These include a $ 500 billion European Financial Stability Fund, which we think should be sufficient to support the banking system if needed.

The cost of insurance against defaults by European banks reached an all - time record for that reason last Friday, and banks stopped lending to each other on the interbank market «portending an imminent collapse of the financial system.

Gordon Brown and Nicolas Sarkozy say the European Union is united on proposed reforms to the international financial system.

Economists and European leaders are worried that debt problems in Spain could have major implications for the entire global financial system.

Turkey's financial system remained relatively unscathed during the financial crisis and the country's economy will gain a big boost when Turkey gains entry into the European Union.

Contagion effects have been somewhat contained, thanks to a more solid European economy and financial system.

In truth, America was caught up in a global crisis which had its origins in acute financial weakness in Latin America and Central Europe — the emerging markets of their day — a poorly designed international monetary system, unruly capital flows, plunging commodities prices and problems in the European banking system.

Last month, the European Commission pledged political and financial support to what it considers as the essential projects for Europe's future energy system.

«A group of financial experts has set out its vision for hardwiring sustainability goals into the European Union's financial system, calling on the 28 - country bloc to stop pouring public money into polluting fossil fuels and focus spending on clean energies instead.

The EU high - level group on sustainable finance was set up by the European Commission last December to look into ways of nudging the financial system towards long - term environmental and social objectives.»

The Sustainable Innovation Forum, will convene many of the key investors in Climate Finance from organisations including: International Finance Corporation, European Investment Bank, Global Environment Facility and Amundi, to discuss adopting and mainstreaming innovative green finance products and embedding climate considerations across the entire financial system.

Some participants hoped the global financial crisis in 2008, and the European financial crisis now, might force resolution of systemic Wicked Problems with the global economic system.

For instance, based on the European system of prevention of money laundering and terrorist financing, financial institutions have to monitor the transactions of all their clients and have the duty to report suspicious transactions.

The Directive aims to prevent the European Union's financial system from being used for tax evasion, terrorist financing and money laundering.

- It takes the view that licensing systems for professional clubs at European and national level are useful tools for the good governance of sport: «Licensing systems generally aim to ensure that all clubs respect the same basic rules on financial management and transparency, but could also include provisions regarding discrimination, violence, protection of minors and training.»

European banks have been subjected to «stress tests» to prove their financial health, although Bloomberg View said they are not enough to «dispel the fear» over the region's banking system and wider economy.

Accomplishments Marketing Compaq / Digital Equipment Corp. (Hewlett Packard): Utilized trade shows, telemarketing programs, and value - added resellers to introduce a successful, comprehensive European line of self - service banking systems, financial printers, and focused peripherals into the US marketplace.

Since mid-April, fears of a European sovereign debt crisis have sent another round of shockwaves through the global financial system.